Teck Resources Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Teck Resources stock.
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Teck Resources saw a decline in short interest in the month of February. As of February 12th, there was short interest totaling 8,030,000 shares, a decline of 20.8% from the January 28th total of 10,140,000 shares. Based on an average daily volume of 4,190,000 shares, the short-interest ratio is currently 1.9 days. Currently, 1.5% of the shares of the stock are short sold.
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Teck Resources is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Teck Resources.

Teck Resources will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Teck Resources Limited (NYSE:TECK) released its quarterly earnings results on Tuesday, October, 27th. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.07. The basic materials company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.33 billion. Teck Resources had a negative net margin of 14.37% and a positive trailing twelve-month return on equity of 2.49%. The firm's revenue for the quarter was down 24.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 EPS.
View Teck Resources' earnings history.

Teck Resources' stock was trading at $8.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TECK stock has increased by 151.6% and is now trading at $20.63.
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Teck Resources announced a quarterly dividend on Friday, February 19th. Shareholders of record on Monday, March 15th will be paid a dividend of $0.0394 per share on Wednesday, March 31st. This represents a $0.16 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Friday, March 12th. This is an increase from Teck Resources's previous quarterly dividend of $0.04.
View Teck Resources' dividend history.

Teck Resources pays an annual dividend of $0.15 per share and currently has a dividend yield of 0.69%. Teck Resources does not yet have a strock track record of dividend growth. The dividend payout ratio of Teck Resources is 6.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Teck Resources will have a dividend payout ratio of 10.42% next year. This indicates that Teck Resources will be able to sustain or increase its dividend.
View Teck Resources' dividend history.

18 analysts have issued twelve-month target prices for Teck Resources' stock. Their forecasts range from $8.50 to $34.00. On average, they expect Teck Resources' share price to reach $23.59 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price.
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Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Química y Minera de Chile (SQM), MDU Resources Group (MDU), Lynas Rare Earths (LYSDY), Summit Materials (SUM), Hecla Mining (HL), Compass Minerals International (CMP), U.S. Silica (SLCA), Piedmont Lithium (PLL), United States Lime & Minerals (USLM), Energy Fuels (UUUU), Intrepid Potash (IPI), Centrus Energy (LEU) and Ciner Resources (CINR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Freeport-McMoRan (FCX), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Ciena (CIEN), Associated British Foods (ABF) and Chaarat Gold Holdings Limited (CGH.L) (CGH).

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

Teck Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Beutel Goodman & Co Ltd. (2.68%), Letko Brosseau & Associates Inc. (2.58%), Dodge & Cox (1.64%), Janus Henderson Group PLC (1.56%), Norges Bank (1.11%) and CIBC World Markets Inc. (0.92%).

TECK stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Letko Brosseau & Associates Inc., Public Sector Pension Investment Board, Dodge & Cox, Beutel Goodman & Co Ltd., Mackenzie Financial Corp, QV Investors Inc., and Sumitomo Mitsui Trust Holdings Inc..

TECK stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Duquesne Family Office LLC, Peconic Partners LLC, CIBC Asset Management Inc, Schroder Investment Management Group, PM CAPITAL Ltd, Intact Investment Management Inc., and Morgan Stanley.

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TECK stock can currently be purchased for approximately $20.63.

Teck Resources has a market capitalization of $10.80 billion and generates $8.99 billion in revenue each year. The basic materials company earns $-455,930,000.00 in net income (profit) each year or $2.22 on an earnings per share basis.

Teck Resources employs 10,100 workers across the globe.

The official website for Teck Resources is www.teck.com.

Teck Resources is headquartered at 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3.

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]